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Avoid cap on remuneration of independent directors: CII to govt

Dec 23, 2018

“Any cap would be regressive to the current mechanism prescribed under the Companies Act, 2013 and the SEBI regulations. Obtaining income details of independent directors would be difficult as directors may not be willing to share the income information. This is so especially in the light of Data Privacy Laws,”

Himalayan glaciers retreating at alarming rate: Parliamentary panel

Dec 23, 2018

The panel chaired by senior BJP leader Murli Manohar Joshi noted that “reckless and irresponsible” tourism in the Himalayan ecosystem is one of the major reasons for environmental degradation and asserted that with the construction of roads and luxurious amenities for tourists, the number of people visiting has vastly increased which is increasing the pressure on the ecosystem. 

GST Council cuts 3rd party motor insurance rates to12% from 18%

Dec 22, 2018

Commercial vehicle owners have been asking for a rate cut as the mandatory tax makes the vehicles expensive. They believe that a reduction in tax rate will also help increase the insurance cover, which at present is only 50 percent of all vehicles

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